2022-12-31-accounts

Company	information
Trustees'	report			2- 4
Strategic	report
Independent auditor's		report		7- 8
Income statement
Statement	of comprehensive		income	fo
Statenwrit	uf firiancial	position
Statement	of changes	in equity		12
Notes to the financial		statements		13- 17

		Notes	2022	2021
				8
Income			433,193	373,294
Administrative expenses			(262,616)	(190,525)
Operating income			170,577	182,769
Exchange gains			12,066
Interest receivable			5,912	515
Interest payable			(20,592)	(16,366)
Income on ordinary activities before taxation			167,963	166,918
Tax on income on ordinary	activities
Income for the financial	year		167,963	166,918

		Notes	2022	2021
			6	6
Income tor the financial year			167,963	166,918
Other comprehensive	income
Total comprehensive	income for the year		167,963	166,918

as at 31 December	2022
		Notes		2022		2021
				2		2
Fixed assets
Tangible assets				2,052,942		2,102,384
Current assets
Stocks		8	3,091		2.166
Debtors		9	58,088		42,624
Cash at bank and in hand			763,951		583,810
			825,130		628,600
Creditors: amounts	falling due
within one year		10	(122,403)		(114,460)
Net current assets				702,727		514,140
Total assets less current
liabilities				2,755,669		2,616,524
Creditors: amounts	falling due
after more than one	year	11		(458,817)		(490,179)
Net assets				2,296,852		2,126,345
Capital and reserves
Unrestricted Funds. General
Reserves		12		1,948,328		1,780,365
Restricted Funds: Building
Maintenance Fund		12		348,524		345,980
Total equity				2,296,852		2,126,345

for the year	ended 31 December	2022
		Unrestricted	Restricted	Other	Profit	Total
		Funds	Funds	reserves	and loss
					accountf
At I January 2021		1,613,447	345,128			1,958,575
Total Received	During the Year		3,870			3,870
Total Expensed	Dunng the Year		(3,018)			(3,018)
Nel income for	the financial year	166,918				166,918
At 31 December 2021		1,780,365	345,980			2,126,345
At 1January 2022		1,780,365	345,980			2,126,345
Total Received	During the Year		2,544			2,544
Total Expensed	During the Year
Net income for	the financial year	167,963				167,963
At 31 December 2022		1 948328	348,524			2,296852

2	Analysis of Income					2022	2021
						2	2
	Tithes, Offenngs, Donaticns			& Sundry	Income	393,558	331,246
	Building maintenance	funds					3,018
	Canteen 8 other trading		income			635	30
	Rental Income					39,000	39,000
						433,193	373,294
	By geographical market:
						433,193	373,294
3	Operating income					2022	2021
						2	2
	This is stated after charging.
	Depreciation ofowned	fixed		assets
4	Blaff costs					2022	2021
						2	2
	Wages and salaries					28,764	24,706
						28,764	24,706
	Directods and Trustee's		Renumarstion,
	Benefits and Expenses					2022	2021
						2

	Average number ofemployees	during the year	Number	Number
	Pastoral
	Administrative and operations
5	Interest payable		2022
			2
	Mortgage interest		20,592	16,366

7	Tangible fixed ass	ets
						Fixtures,
				Freehold		flNlngs,
			Leasehold	Land and	Motor	tools and
			Land Ai cost	Buildings Arccsl	Vehicle Atcost	equipment Ai cost	Total
			2	2	2	2
	Cost or valuation
	At 1 January 2022		141,218	2,425,956	40,000	255,700	2,862,874
	Additions		2,769	4,900	0	12,883	20,552
	At 31 December 2022		143987	2430856	40 000	268583	2883426
	Depreciation
	At 1 January 2022		7,279	543,253	15,435	194,523	760,490
	Charge for the year		2,880	48,617	3,685	14,812	69,994
	At 31 December 2022		10,159	591,870	19,120	209,335	830,484
	Carrying amount
	At 31 December 2022		133828	1 838,986	20,880	59,248	2,052,942
	At 31 December 2021		133,939	1,882,703	24,565	61,177	2,102,384
8	Stocks				2022	2021
					9	2
	Finished goods and	goods for resale				2,186
9	Debtors				2022	2021
					2	2
	Advanced payment	to a supplier			7,513	470
	Other debtors				5,120	7,285
	Prepayments				7,316	6,144
	Accrued tncome				38,139	28,725
					58,088	42,624
10	Creditors: amounts	taglng due within one year				2021
						2
	Bankloans				51,904	51,904
	Amounts Held on behalf oi Church Bands				57,819	51,609
	Trade creditors
	Advanced rental income deferred				3,250	3,250
	Other taxes and social security costs				691	711
	Accruals				8,739	6,986
					122,403	114,460

11	Creditors: amounts	falling due after one	year			2021
						8
	Bank loans				449,067	480,429
	Licensee's deposit held				9,750	9,750
					458,817	490,179
	Bank loan is secured	by a legal charge over a freehold		property	known as 333High	Road,
	Wood Green N22 8GZ.
12	Unrestricted Funds					2021
	Unrestricted Funds					2
	At I January				1,780,365	1,613,447
	Profit for the financial	year			167,963	166,918
	At 31 December				1,948,328	1,780,365
12	Restricted Fund: Building Maintenance		Fund
	At I January				345,980	3A6,128
	Total Received During	The Year			2,544	3,870
	Total Expensed During The Year					(3,018)
	At 31 December				348,524	345,980